In today’s news from Europe, the Middle East and Africa (EMEA), Turkish banking regulations are causing banks to pull back on corporate lending, Electrolux is facing weak demand for home appliances and more. Turkish Banks Reduce Corporate Lending Due to New Banking Regulations Turkish banks...
In the run-up to the 2016 Brexit referendum, one of the key arguments used by the “Leave” campaign was that freedom from the influence of Brussels would mean the U.K. could forge its own path on policy issues such as international trade and business regulation....
Today in Europe, the Middle East and Africa, Amazon acquired the Belgian robotics company Cloostermans and Wise Platform launched a new solution to help banks enable their customers to receive SWIFT transfers. Roger Federer-Backed Running Shoe Brand Launches Resale Site in Green Push Seeking to...
It is now nearly seven years since the European Commission passed the Revised Payment Services Directive (PSD2), and nearly three years since the final deadline for all businesses within the European Union to comply with PSD2’s technical standards. Stepping up to help banks meet the...
Today in Europe, the Middle East and Africa, the online car seller Cazoo announced that it would wind down its business in mainland Europe and Pleo and Yapily unveiled a new SMB cashflow solution. Cazoo Pulls Out of EU to Focus on UK Market Following...
For millions of people in emerging markets like South Africa where public transport is slow, unreliable, and sometimes dysfunctional, owning a vehicle is far more a necessity than it is a luxury. But when it comes to vehicle financing, most individuals, albeit with well-paying jobs,...
Today in Europe, the Middle East and Africa, the U.K. health and beauty retailer Boots has announced the launch of a new online marketplace and buy now, pay later (BNPL) provider Tabby has expanded to Egypt. Crypto Lender Credix Raises $11.3M in Series A Cryptocurrency...
In today’s news from Europe, the Middle East and Africa (EMEA), the European Commission opened its new Californian “embassy,” the Central Bank of Nigeria has granted Flutterwave a payment processing license and more. EU Opens Silicon Valley Office to Streamline Communication With Big Tech The...
In today’s news from Europe, the Middle East and Africa (EMEA), Thunes has partnered with Alipay+ to increase eWallet acceptance in Europe and Santander has selected Trovata for its cash management platform. African FinTech EFT Corporation Fights Fraud With ACI Worldwide Partnership End-to-end payment solutions...